Vegetable oil vs gdp in Ecuador

Ecuador: Vegetable oil vs gdp was 20.86 in 2023. ▲ Rising

Latest (2023)
20.86
Change on year
up 6.2%
World rank
19th
of 192 countries
All-time high
20.86
in 2023
All-time low
5.87
in 1961
Years of data
63
1961–2023

Vegetable oil vs gdp in Ecuador, 1961–2023

5101520196119922023

Source: Our World in Data.

Analysis

In 2023, vegetable oil vs gdp in Ecuador stood at 20.86. That is the highest value across all 63 years on record.

Compared with earlier readings it is up 6.2% on the previous year and up 27.2% over ten years.

Over the whole period, vegetable oil vs gdp in Ecuador peaked at 20.86 in 2023 and was at its lowest, 5.87, in 1961.

That places Ecuador 19th out of 192 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 63 years of available data.

Vegetable oil vs gdp in Ecuador, year by year

Annual values for Vegetable oil vs gdp in Ecuador, 1961 to 2023.
Year Value Change
1961 5.87 —
1962 5.97 +1.7%
1963 6.14 +2.8%
1964 6.09 -0.8%
1965 6.24 +2.5%
1966 6.09 -2.4%
1967 6.64 +8.9%
1968 6.02 -9.2%
1969 6.72 +11.6%
1970 6.24 -7.1%
1971 6.55 +4.9%
1972 7.32 +11.8%
1973 7.41 +1.2%
1974 7.32 -1.3%
1975 8.47 +15.7%
1976 9.39 +10.9%
1977 8.78 -6.5%
1978 8.51 -3.1%
1979 8.47 -0.6%
1980 9.31 +9.9%
1981 12.17 +30.7%
1982 13.01 +6.9%
1983 14.35 +10.2%
1984 12.92 -9.9%
1985 12.86 -0.5%
1986 15.28 +18.8%
1987 16.44 +7.6%
1988 14.83 -9.8%
1989 15.72 +6.0%
1990 15.23 -3.1%
1991 15.18 -0.4%
1992 15.53 +2.3%
1993 13.73 -11.6%
1994 13.01 -5.2%
1995 15.66 +20.4%
1996 14.48 -7.5%
1997 14.3 -1.3%
1998 14.51 +1.5%
1999 14.81 +2.1%
2000 13.57 -8.4%
2001 12.33 -9.1%
2002 14.91 +20.8%
2003 14.1 -5.4%
2004 14.49 +2.8%
2005 15.38 +6.1%
2006 14.53 -5.6%
2007 14.95 +2.9%
2008 15.76 +5.5%
2009 15.11 -4.1%
2010 15.25 +0.9%
2011 15.68 +2.8%
2012 16.09 +2.6%
2013 16.4 +1.9%
2014 16.2 -1.2%
2015 16.3 +0.6%
2016 16.33 +0.2%
2017 17.3 +5.9%
2018 17.38 +0.5%
2019 16.35 -5.9%
2020 17.49 +7.0%
2021 20.73 +18.5%
2022 19.64 -5.3%
2023 20.86 +6.2%

Ecuador compared with similar countries

  • Ecuador's 20.86 is above the median for upper middle income countries, which is 11.38, 1.8× the median. (57 countries reporting)
  • Ecuador's 20.86 is above the median for Latin America & Caribbean, which is 13.02, 1.6× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.2 5.87 6.72 9
1970s 7.85 6.24 9.39 10
1980s 13.69 9.31 16.44 10
1990s 14.64 13.01 15.66 10
2000s 14.51 12.33 15.76 10
2010s 16.33 15.25 17.38 10
2020s 19.68 17.49 20.86 4

Countries ranked near Ecuador

  1. 16 Algeria 22.01 compare
  2. 17 Venezuela 21.83 compare
  3. 18 United States 21.75 compare
  4. 20 Bahrain 20.56 compare
  5. 21 Czechia 20.14 compare
  6. 22 Germany 19.89 compare

See the full ranking of 192 places →

More energy & mining data for Ecuador

All data for Ecuador →

Frequently asked questions

What is vegetable oil vs gdp in Ecuador?
Vegetable oil vs gdp in Ecuador was 20.86 in 2023, according to Our World in Data.
What is the highest vegetable oil vs gdp recorded in Ecuador?
The highest recorded value was 20.86 in 2023.
What is the lowest vegetable oil vs gdp recorded in Ecuador?
The lowest recorded value was 5.87 in 1961.
How does Ecuador rank for vegetable oil vs gdp?
Ecuador ranks 19th out of 192 countries with data for 2023.
Is vegetable oil vs gdp rising or falling in Ecuador?
Over the last ten years it is up 27.2%. The long-run trend across the full record is rising.
Where does this Ecuador data come from?
The figures come from Our World in Data, published as part of Vegetable oil vs gdp. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp in Ecuador. Statizoid, drawing on Our World in Data. Retrieved 12 November 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp/ecuador/

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About this data

Indicator
Vegetable oil vs gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
192 places, 10,214 data points, 1961–2023
Last refreshed